Barber shop for sale in Kings Cross London near a high-traffic area
Kings Cross, London
- Status
FOR SALE
- Advert ID
636048
- Leasehold: £75,000
- Rent: £23,000 (£1,917 per month)
- Turnover: On request
- Profit: On request
Key Features
- Offers Invited
- Accounts Available
- Small Business
- Potential for Alternative Use
Business Details
Barber shop in busy part of central London
This established barbershop, located a short walk from King's Cross Station, offers a modern yet comfortable atmosphere for clients. With a strong and loyal customer base, the business benefits from a steady influx of foot traffic, making it an attractive opportunity for potential buyers.
The barbershop is ideally situated in a vibrant area surrounded by multiple hotels, bars, and restaurants, as well as residential neighborhoods. Recent developments in the area, including a large housing project, further enhance the location's appeal and ensure ongoing patronage.
Equipped with high-quality barber chairs and grooming stations, the shop's setup promises an excellent experience for customers. With fixtures and fittings included in the sale, the new owner can seamlessly transition into ownership. The shop has been operational for five years, during which time it has consistently seen an increase in turnover year over year.
Currently, the business employs four staff members who contribute to its success. Additionally, it has a solid online presence that attracts customers beyond foot traffic. Training opportunities will be offered to the new owners, ensuring a smooth handover and continued success.
Due to the owner's relocation, the barbershop is available for sale as a leasehold opportunity, with an annual rent of £23,000. For those interested in a thriving business in a busy part of central London, this barbershop presents a valuable investment opportunity.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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